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ARK Invest Extends Crypto Pivot With New Buys in Circle, BitMine and Bullish

Fresh disclosures show a rotation toward crypto-linked equities following Circle’s post-earnings selloff.

Overview

  • ARK purchased 188,941 Circle (CRCL) shares across ARKK, ARKW and ARKF, a roughly $16.3 million buy confirmed in its latest daily trade report.
  • It also added 242,347 BitMine (BMNR) shares for about $9.8 million and 177,480 Bullish (BLSH) shares for roughly $7.3 million after both stocks declined.
  • The new allocations continue a multi-day build in Circle, with prior session tallies already totaling about $30 million across ARK’s ETFs.
  • ARK trimmed established tech exposure by selling 87,051 AMD shares valued around $21.6–$22.5 million, alongside reductions in names such as Pinterest, Regeneron, Salesforce and Reddit.
  • Circle had reported a strong third quarter — $740 million in revenue and reserve income and $214 million in net income — yet the stock fell, creating a dip ARK bought.